Thanks Grasshopper,
That is a great offer, and I just might take you up on it someday.
I am a bit concerned with the market as a whole right now. It looks like the beginning of a BEAR MARKET! Very few stocks are able to overcome resistance, and many more are being chased down in value. If the fund managers don't hold tight, it could get really ugly for the market and most investors. My concern is that most of the fund managers of today are handling huge portfolios that have been basic no brainers as far as going up(generally) in the last several years. They have experienced a few corrections, but NOT a bear market. If they don't handle this correction properly, it will become a BEAR! I am seeing HUGE BLOCKS of stock being dumped in virtually every stock I follow. Amazingly, some of them are showing negative money flow, but are going up in price temporarily for the large blocks to jump ship. It just goes to show you the power of Nasdaq Market Makers and the NYSE Specialists. Many firms are already trimming their stock holdings and increasing their cash positions. This is not good for the stock market as a whole I fear. As for Oakley, It never seems to be able to hold any gains for any length of time at all. It is very frustrating for most stockholders, no doubt. When the entire market is looking down, investor sentiment is weak, and most will not invest in times like that. All I can say is watch very carefully, because it's not looking too good right now. Hopefully, I will read back over this post in one month and all will be well with the market, but I have greater doubt now than I've ever had. Let's just hope I am wrong! Best of luck......Jeff
P.S. Shorts may finally have their day........... |
